Ituran
ITRN
#5463
Rank
$0.44 B
Marketcap
$21.81
Share price
0.60%
Change (1 day)
-3.32%
Change (1 year)

Operating Margin for Ituran (ITRN)

Operating Margin as of March 2023 (TTM): 18.04%

According to Ituran's latest financial reports and stock price the company's current Operating Margin is 18.04%. At the end of 2021 the company had an Operating Margin of 18.08%.

Operating Margin history for Ituran from 2005 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202118.08%52.91%
202011.82%42.32%
20198.31%-72.39%
201830.09%27.11%
201723.67%-5.61%
201625.08%5.3%
201523.82%-8.81%
201426.12%16.97%
201322.33%-10.93%
201225.07%44.12%
201117.40%60.11%
201010.87%-49.25%
200921.41%18.91%
200818.00%-69.51%
200759.06%130.86%
200625.58%10.69%
200523.11%11.14%
200420.79%37.78%
200315.09%-427.78%
2002-4.60%-82.13%
2001-25.77%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.70%-12.97%๐Ÿ‡บ๐Ÿ‡ธ USA
-16.19%-189.75%๐Ÿ‡บ๐Ÿ‡ธ USA
15.21%-15.69%๐Ÿ‡บ๐Ÿ‡ธ USA
3.50%-80.60%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.